Beyond Meat (BYND) Return on Invested Capital (2019 - 2023)

Beyond Meat's (BYND) quarterly Return on Invested Capital came in at 2.43% in Q3 2023, down 119.0% year-on-year from 12.79% in Q3 2022, and down 39.25% quarter-over-quarter from 1.75% in Q2 2023.

Beyond Meat (BYND) Return on Invested Capital (2019 - 2023) Analysis & Trends

Beyond Meat's Return on Invested Capital history runs 5 years deep, the most recent figure standing at 2.43% for Q3 2023.

  • On a quarterly basis, Return on Invested Capital fell 119.0% year-over-year to 2.43% in Q3 2023; TTM through Jul 2023 was 2.43%, a 119.0% decrease from a year earlier, with the FY2021 full-year figure at 4.15%, down 221.0% from the prior year.
  • Return on Invested Capital eased to 2.43% in Q3 2023 per BYND's latest filing, from 1.75% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.0% in Q1 2020 and bottomed at 2.43% in Q3 2023.
  • The 5-year median for Return on Invested Capital is 0.59% (2021), against an average of 0.75%.
  • Across the five-year window, Return on Invested Capital declined 4 bps in 2020 and plunged 119 bps in 2023, its largest moves.
  • Year by year, Return on Invested Capital stood at 0.0% in 2019, then slumped by 149739 bps to 0.48% in 2020, then slumped by 41 bps to 0.68% in 2021, then tumbled by 116 bps to 1.47% in 2022, then plunged by 66 bps to 2.43% in 2023.
  • Per Business Quant, the three latest BYND Return on Invested Capital figures stand at 2.43% (Q3 2023), 1.75% (Q2 2023), and 1.47% (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn -0.01%
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 0.00%
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 0.02%
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 0.00%
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - -
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 0.03%
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 0.00%
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn -0.01%
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 0.00%
10 Beyond Meat 254.95 Mn 59.60 Mn 1.99 Mn -

Historic Data

Download Data
DateValue
Jul 1, 2023 -2.43%
Apr 1, 2023 -1.75%
Dec 31, 2022 -1.47%
Oct 1, 2022 -1.36%
Jul 2, 2022 -1.24%
Apr 2, 2022 -0.92%
Dec 31, 2021 -0.68%
Oct 2, 2021 -0.56%
Jul 3, 2021 -0.50%
Apr 3, 2021 -0.61%
Dec 31, 2020 -0.48%
Sep 26, 2020 -0.05%
Jun 27, 2020 0.00%
Mar 28, 2020 0.00%
Dec 31, 2019 0.00%
Sep 28, 2019 -0.01%